In the past week, Ethereum (ETH) experienced a significant downturn, with its price plummeting to $2,112 on August 5th. This crash marked one of the largest market slumps of the year. However, the digital asset has shown signs of recovery, bouncing back by 8% in the last seven days. Ethereum has managed to reclaim the
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Gala Games’ recent addition of the Telegram Single Sign On (SSO) feature has revolutionized the way users can access their platforms. By integrating this option, Gala aims to streamline the process of logging in to Gala Games, Gala Music, and Gala Film without the hassle of remembering usernames and passwords. This move caters to the
Sui (SUI) has experienced a remarkable 70% increase in price over the course of the last week, reaching around $1, according to data from CoinGecko. This surge in price can be attributed to the launch of Grayscale’s Sui Trust, as well as the introduction of the Bittensor Trust. The entry of these institutional investment products
The Unlighted Alpha NFT Mint Pass is not just another collectible item; it is a key that unlocks a world of early access privileges and exclusive content within the Unlighted universe. For those lucky enough to acquire one, this pass opens up a range of benefits, including priority access to NFT whitelists, exclusive in-game items,
Bitcoin has been a topic of much speculation in the crypto community, with different analysts giving their own forecasts for its future price movements. One crypto analyst, known as ‘Sensei’, has recently made a highly optimistic prediction for Bitcoin, suggesting that the end of the supposed Bitcoin bear trap could lead to a surge in
Ethereum has shown remarkable resilience in the face of the recent market downturn, attracting a significant amount of investor interest. Data reveals that Ethereum has seen $155 million in inflows over the past week, with total year-to-date inflows reaching $862 million, the highest since 2021. This surge in investment can be attributed to the introduction
Recent data from CoinShares has revealed a significant uptick in investor confidence in the crypto market. The digital asset fund flows weekly report by the asset manager showed that there were $176 million in inflows into digital asset investment products last week. James Butterfill, the head of research at CoinShares, mentioned that this surge in
Coinbase has taken a firm stance against the US Securities and Exchange Commission (SEC) in response to its proposal to broaden the definition of “exchange” to include decentralized exchanges (DEXs). The exchange’s comment letter, addressed to SEC Secretary Vanessa A. Countryman, highlights significant concerns regarding the potential consequences of such a rule change on the
Recently, Binance announced the delisting of six altcoins from its platform, leading to significant price drops for these assets. This move by the world’s largest cryptocurrency exchange has triggered sharp price crashes in the past due to various reasons such as reduced liquidity and market panic. Binance periodically reviews each digital asset listed on its
An analyst at CryptoQuant has recently pointed out that Ether (ETH) might be on the verge of a rally, based on data from the cryptocurrency’s futures market. The analyst, Shayan, highlighted a significant liquidation event in the ETH market, which historically has been followed by price rallies as spot buying pressure takes over. In recent
In the world of cryptocurrency, Bitcoin remains a dominant force, with analysts constantly making predictions about its future price movements. One such analyst, CryptoCon, has recently highlighted a technical indicator that has accurately predicted local highs for Bitcoin in the current bull run. CryptoCon’s prediction suggests that Bitcoin could reach $109,236, with a potential rise
The Venezuelan government recently imposed restrictions on various websites, including Binance, following controversial presidential election results. Binance, one of the largest crypto exchanges globally, confirmed on August 10 that its website was facing access restrictions in Venezuela. This has raised concerns among users in the country who rely on Binance for peer-to-peer transactions of stablecoins
XRP, the cryptocurrency associated with Ripple, experienced a significant price surge last week after a court ruling in the Ripple v SEC case. The price of XRP skyrocketed by 20% in a single day, reaching nearly $0.64, with its market capitalization exceeding $35 billion. This surge came shortly after a court ruling that required Ripple
Samsung has announced its exciting partnership with Illuvium at Gamescom 2024, with the aim of revolutionizing home entertainment through the integration of Web3 technology. This collaboration will see the Illuvium gaming world directly accessible from living rooms through Samsung’s innovative Web3 TVs, allowing players to immerse themselves in the world of Overworld, Arena, and Zero.